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How are budget hours calculated for a Fixed Price / Weekly Hours contract?

June 28, 2026 by
SimplyConnecting

The platform counts the number of working days (Monday–Friday) between the contract's start and end dates and converts that into weeks. Budget hours = weekly hours commitment × number of weeks.

Weekends are excluded from this calculation automatically. The result is shown as the "Budget Hours" KPI card on the project timesheet page.